National Association of Corporate Directors
Analysis
National Association of Corporate Directors is a registered charity in United States, based in McHenry, IL. It received its IRS tax-exemption ruling in November 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2024, National Association of Corporate Directors reported income of $289k and spending of $292k, spending 101% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $206k to $289k (+40%), an average of +18% a year. The sharpest change came in the year to June 2023, when income rose by 38%. Over the whole period it spent 86% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, National Association of Corporate Directors sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within IL. Charities of a similar size with the same main cause include Biblical Theological Seminary of Poland ($289k), Lower Merion Township Scholarship Fund ($289k) and Orange County Jewish Community Scholar Program ($289k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 93% and program service revenue 4.1% of the total. Compensation of current officers, directors and key employees was $166k (57% of expenses). Other salaries and wages came to $31k. At year end it held assets of $378k against liabilities of $26k, net assets of $352k.
Income and spending
Where the income comes from
- Contributions & grants 93%
- Program services 4.1%
- Other 2.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Biblical Theological Seminary of Poland | Memphis | $289k |
| Lower Merion Township Scholarship Fund | Ardmore | $289k |
| Orange County Jewish Community Scholar Program | Irvine | $289k |
| West Woodland PTA | Seattle | $289k |